Ethiopian Airlines CEO resigned from his post in an email sent to the staff of the company that are estimated to be 17,000. He reasoned his resignation for medical issues.
Mesfin Tasew, former Chief Operating Officer of Ethiopian Airlines is appointed as the new CEO of ET replacing Tewelde Gebremariam.
Government declares an indefinite humanitarian truce in Tigray effective immediately
NBE faces backlash over Sinqe Bank’s new president
The National Bank of Ethiopia’s (NBE) recent approval of Sinqe Bank’s president has been put under backlash by sector experts who have gone further to state that the new appointment is a sign of double standards from the central bank. On the flip side, the leadership at Singe has refuted the said claims and has argued that NBE has played by the book, in terms of approval.
https://www.capitalethiopia.com/capital/nbe-faces-backlash-over-sinqe-banks-new-president/
The National Bank of Ethiopia’s (NBE) recent approval of Sinqe Bank’s president has been put under backlash by sector experts who have gone further to state that the new appointment is a sign of double standards from the central bank. On the flip side, the leadership at Singe has refuted the said claims and has argued that NBE has played by the book, in terms of approval.
https://www.capitalethiopia.com/capital/nbe-faces-backlash-over-sinqe-banks-new-president/
Capital
NBE faces backlash over Sinqe Bank’s new president
The National Bank of Ethiopia’s (NBE) recent approval of Sinqe Bank’s president has been put under backlash by sector experts who have gone further to state that the new appointment is a sign of double standards from the central bank. On the flip side, the…
Connecting Africa
Wingu.africa is East Africa’s first carrier and cloud neutral data center group with award-winning operating expertise and experience, offering a single point of contact and world-class facilities and services in key markets. The firm is uniquely positioned in East Africa, enabling global and regional customers to get direct access to all transoceanic and regional cable systems as well as interconnection to the group’s rapidly expanding network of carrier and cloud neutral data center facilities.
https://www.capitalethiopia.com/interview/connecting-africa/
Wingu.africa is East Africa’s first carrier and cloud neutral data center group with award-winning operating expertise and experience, offering a single point of contact and world-class facilities and services in key markets. The firm is uniquely positioned in East Africa, enabling global and regional customers to get direct access to all transoceanic and regional cable systems as well as interconnection to the group’s rapidly expanding network of carrier and cloud neutral data center facilities.
https://www.capitalethiopia.com/interview/connecting-africa/
Public enterprises’ resilience generates double revenue
In the first half of the budget year, the gross profit of public enterprises has shot up by almost double when compared to similar periods of last year. In similar fashion, profits surpass the set projections.
https://www.capitalethiopia.com/capital/public-enterprises-resilience-generates-double-revenue/
In the first half of the budget year, the gross profit of public enterprises has shot up by almost double when compared to similar periods of last year. In similar fashion, profits surpass the set projections.
https://www.capitalethiopia.com/capital/public-enterprises-resilience-generates-double-revenue/
Tele introduces new products as Safaricom preps for operation
Ethio telecom eagerly works to introduce new products to stay competitive while Safaricom prepares to commence operation in few days.
https://www.capitalethiopia.com/capital/tele-introduces-new-products-as-safaricom-preps-for-operation/
Ethio telecom eagerly works to introduce new products to stay competitive while Safaricom prepares to commence operation in few days.
https://www.capitalethiopia.com/capital/tele-introduces-new-products-as-safaricom-preps-for-operation/
Capital
Tele introduces new products as Safaricom preps for operation
Ethio telecom eagerly works to introduce new products to stay competitive while Safaricom prepares to commence operation in few days.
Export market under sabotage, stress pundits
Experts in the international trade arena, express concern that the country is not going in the right projectile as it is not fully tapping into its export earnings as required in this critical tie where there are price hikes in the global market. In related news, the international trade and promotion division at the Ministry of Trade and Regional Integration receives a new state minister.
https://www.capitalethiopia.com/feature/export-market-under-sabotage-stress-pundits/
Experts in the international trade arena, express concern that the country is not going in the right projectile as it is not fully tapping into its export earnings as required in this critical tie where there are price hikes in the global market. In related news, the international trade and promotion division at the Ministry of Trade and Regional Integration receives a new state minister.
https://www.capitalethiopia.com/feature/export-market-under-sabotage-stress-pundits/
ECA will re-launch bid for third telecom operator in September
Ethiopian Communication Authority (ECA) completes its assessment /research/ to re-launch the bid to select a third telecom operator in the coming Ethiopian year. The bid to select a third telecom operator will re-launch in the third quarter of 2022 /in the coming Ethiopian New Year/, as the authority completes its assessment of certain situations.
https://www.capitalethiopia.com/feature/eca-will-re-launch-bid-for-third-telecom-operator-in-september/
Ethiopian Communication Authority (ECA) completes its assessment /research/ to re-launch the bid to select a third telecom operator in the coming Ethiopian year. The bid to select a third telecom operator will re-launch in the third quarter of 2022 /in the coming Ethiopian New Year/, as the authority completes its assessment of certain situations.
https://www.capitalethiopia.com/feature/eca-will-re-launch-bid-for-third-telecom-operator-in-september/
Capital
ECA will re-launch bid for third telecom operator in September
Ethiopian Communication Authority (ECA) completes its assessment /research/ to re-launch the bid to select a third telecom operator in the coming Ethiopian year. The bid to select a third telecom operator will re-launch in the third quarter of 2022 /in the…
Unlocking debt to realize potential: LAMC settles 27.3 billion birr in arrears
Liability Asset Management Corporation (LAMC) which was formed to manage the consolidation and servicing of a portion of the country’s state-owned enterprises (SOE) debt, has serviced a total of 27.3 billion birr for the loan taken by two pubic enterprises.
https://www.capitalethiopia.com/feature/unlocking-debt-to-realize-potential-lamc-settles-27-3-billion-birr-in-arrears/
Liability Asset Management Corporation (LAMC) which was formed to manage the consolidation and servicing of a portion of the country’s state-owned enterprises (SOE) debt, has serviced a total of 27.3 billion birr for the loan taken by two pubic enterprises.
https://www.capitalethiopia.com/feature/unlocking-debt-to-realize-potential-lamc-settles-27-3-billion-birr-in-arrears/
Capital
Unlocking debt to realize potential: LAMC settles 27.3 billion birr in arrears
Liability Asset Management Corporation (LAMC) which was formed to manage the consolidation and servicing of a portion of the country’s state-owned enterprises (SOE) debt, has serviced a total of 27.3 billion birr for the loan taken by two pubic enterprises.…